See..
salary is depended up on management decision....... we can't say fixed percentage or amount...
in my company Salary Stricture is like this
Basic 50%
Da 5%
hra 20%
con 15%
Wa 10%
the above structure is for Managers and few employees only...
but, for some more workers and employees the structure is like this...
basic is Rs/- 5000, 4000, 2000, 2500, 3500 or any other figure..
not only basic DA, HRA, CON, Washing Allowance also like this only.....
the above two salary structure is there....
u've any idea why it's like that?...................
From India , Hyderabad
salary is depended up on management decision....... we can't say fixed percentage or amount...
in my company Salary Stricture is like this
Basic 50%
Da 5%
hra 20%
con 15%
Wa 10%
the above structure is for Managers and few employees only...
but, for some more workers and employees the structure is like this...
basic is Rs/- 5000, 4000, 2000, 2500, 3500 or any other figure..
not only basic DA, HRA, CON, Washing Allowance also like this only.....
the above two salary structure is there....
u've any idea why it's like that?...................
From India , Hyderabad
Basic :- 40% of CTC
HRA :- 50% of basic (For metros)
40% of basic (for non-metros)
Conveyance :- Rs.800/-p/m
Medical :- Rs.1250/-
Gratuity:-4.81% of basic
Statutary Bonus:- 8.33% of basic
ESI:-4.75% (Employers Contribution) (If salary is more than Rs.10,000/- one needn't have to pay ESI)
1.75% (Employees Contribution)
PF :- 12% of Basic
PLI (Performance Linked Incentive) :- 15-16% CTC
LTA (Leave Travel Allow) :- 2 months Basic (Telecom sector)
Regards
sandeep
From India , Bhubaneswar
HRA :- 50% of basic (For metros)
40% of basic (for non-metros)
Conveyance :- Rs.800/-p/m
Medical :- Rs.1250/-
Gratuity:-4.81% of basic
Statutary Bonus:- 8.33% of basic
ESI:-4.75% (Employers Contribution) (If salary is more than Rs.10,000/- one needn't have to pay ESI)
1.75% (Employees Contribution)
PF :- 12% of Basic
PLI (Performance Linked Incentive) :- 15-16% CTC
LTA (Leave Travel Allow) :- 2 months Basic (Telecom sector)
Regards
sandeep
From India , Bhubaneswar
yaar i am very confused... what is the exact percentages of salary calculations and why it varies so much?
From India , Delhi
From India , Delhi
Dear friends,
This is Denis Dias Working in JSW Steel Ltd, Karnataka
I think its vary from company to comapny. Normally in our company salary component like
Basic
HRA
Cony
Performance reward
LTA
Medical
Production incentives these are the main components.
28-30% of total CTC (Basic )
Medical, LTA - 8.33% of Basic
Cony & HRA as per company policy
Production based on the target (Production)
From India , Bellary
This is Denis Dias Working in JSW Steel Ltd, Karnataka
I think its vary from company to comapny. Normally in our company salary component like
Basic
HRA
Cony
Performance reward
LTA
Medical
Production incentives these are the main components.
28-30% of total CTC (Basic )
Medical, LTA - 8.33% of Basic
Cony & HRA as per company policy
Production based on the target (Production)
From India , Bellary
There is a minimum wages act according to which the basic needs to be fixed as per the statutory requirements. Can someone help me with the minimum wages for a software engineer?
From India , Hyderabad
From India , Hyderabad
hi, why the basic should be 30% or 50 % why not 10%. Is there any minimum percentage limit for basic? sikha
From India , Calcutta
From India , Calcutta
Hi Why there is a difference between the commands, I am really confused which one is correct?
From India , Madras
From India , Madras
Dear Friends,
We can calculate the salary like........
Basic 40%-60% of annual CTC.
HRA 30% - 20% of ACTC
Convince Allowance 10% of ACTC
ESI 4.75% of basic salary.
Gratuity 4.81% of basic.
Medical Reimbursement 15000 PA Tax free.
PF 12% of basic salary.
Special Allowance Urges table.:lol:
From United States ,
We can calculate the salary like........
Basic 40%-60% of annual CTC.
HRA 30% - 20% of ACTC
Convince Allowance 10% of ACTC
ESI 4.75% of basic salary.
Gratuity 4.81% of basic.
Medical Reimbursement 15000 PA Tax free.
PF 12% of basic salary.
Special Allowance Urges table.:lol:
From United States ,
If you are knowledgeable about any fact, resource or experience related to this topic - please add your views.
income tax City-India-Hyderabad child education allowance provident fund company reputation employer contribution employers contribution salary structure salary break up salary break-up basic salary telecom sector performance linked incentive company salary Country-India
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